The latest trend in podcasts? Making them into movies

The main difference between when Matt Lieber cofounded Gimlet Media three years ago and now? Now, there’s actually a business model.

He’s not joking. 

“When we first started [Gimlet], the company was an idea,” Lieber said. “When we raised a Series A, the company was a halfway-working business model, and now that company in a Series B has a working business model.”

On Wednesday Gimlet Media announced its second major round of investment — a $15 million Series B from a group of investors including Strips Group and Emerson Collective, the organization led by Laurene Powell Jobs (who recently bought a majority stake in The Atlantic).  Read more…

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